[Continuous update] Cathay Pacific's growth rate fully evaporates and falls 0.2%

Financial News

Written by: He Jingxi

2020-06-10 14:40

The Dow fell more than 300 points, and Hong Kong stocks opened 121 points higher this morning.

[15:24] Cathay Pacific fell

Cathay Pacific (0293) returned to its original shape and fell in the afternoon. It is now reported at 8.79 yuan, down 0.22%, with a turnover of 576 million yuan.

[15:23] More than 90% of life and death

Shengxing Holdings (1472) was suddenly dumped, and is now down 91.4%, with a turnover of 78 million yuan.

[14:40] Asian stocks generally closed higher, Taiwan shares rose 83 points

Asia-Pacific stock markets generally closed higher. Japanese stocks rose 33 points or 0.2% to close at 23,124 points. The Australian ASX 200 index closed at 6,148 points, up 3 points or 0.1%. The Taiwan Weighted Index closed at 11,720 points, up 83 points or 0.7. %, South Korea’s KOSPI index closed at 2195 points, up 6 points or 0.3%.

[12:03] HSI rises 25 points in half a day

The Hang Seng Index rose 25 points on the half day and closed at 25,082 points at noon. The H-Share Index recently reported 10151 points, up 29 points, with a turnover of 73.7 billion yuan.

Cathay Pacific (0293) announced a fund-raising plan of 39 billion yuan yesterday afternoon, which received a maximum of 29.25 billion yuan from the government. It also proposed to raise 11.7 billion yuan from 11 for 7 funds. Cathay Pacific resumed trading this morning, and it jumped 18.7%, closing at noon at 8.93 yuan, up 1.4%. The parent company Swire Pacific (0019) rose 1.4% and closed at 47.5 yuan at noon. However, Air China (0753), another major shareholder of Cathay Pacific, fell against the market and closed at 5.34 yuan at noon.

In terms of Chinese aviation stocks, China Southern Airlines (1055) fell 3.4% and closed at noon at 3.99 yuan. China Eastern Airlines (0670) fell 2.8% and closed at 3.09 yuan at noon.

HSBC (0005) was criticized by US Secretary of State Pompeo and fell 1.1% at half-day, closing at 39.9 yuan at noon. As for Standard Chartered (2888), which is also a British bank, it fell 0.9% at half-day and closed at 43.75 yuan at noon.

For technology stocks, Tencent (0700) rose 2.3%, closed at noon at 443.8 yuan, Xiaomi (1810) rose 0.2%, closed at noon at 13 yuan, Meituan (3690) rose 3%, closed at noon at 156.1 yuan, and Ali (9988 ) Rose 1.6% and closed at 215.8 yuan at noon.

[12:01] Shanghai index closed lower in half a day and rose at noon

The mainland stock market moved separately this morning. The Shanghai stock market closed at 2941 points at noon, down 14 points or 0.5%. The Shenzhen closed at 11299 points at noon, up 15 points or 0.1%. The Shanghai and Shenzhen 300 closed at 4032 points at noon, down 14 points or 0.4 %, the GEM closed at 2199 points at noon, up 17 points or 0.8%.

[11:40] Hong Kong stocks rose 90 points

The Hang Seng Index recently reported 25147 points, up 90 points (0.36%), and the H-Share Index rose 56 points (0.56%) to 10177 points. Cathay Pacific (0293)'s share price rose 2.16% to 9 yuan, and recorded a transaction of 470 million yuan.

[09:50] Cathay Pacific’s rise narrowed to more than 2%

Cathay Pacific (0293) shares rose 19% after the resumption of trading this morning, the latest report was 9.03 yuan, up 2.5%, the parent company Swire Pacific (0019) also rose, the latest report was 47.25 yuan, up 0.9%, and another major shareholder Air China (0753) It fell by 2%, and was last reported at 5.29 yuan.

【09:46】Yongda Auto's discounted rights issue opened 50% lower

Yongda Automobile (3669) announced that it will place 120 million shares at a price of 8.29 yuan per share (approximately 7.48% discount from the previous closing) in a chronological order and then raise net proceeds of 983 million yuan. Yongda opened 4.6% lower this morning at 8.55 yuan, the latest reported 8.7 yuan, down 2.9%

[09:46] Asian stocks tended to move early

The stock market in the Asia-Pacific region showed an individual trend in the early stages. Japanese stocks last reported 23069 points, down 22 points or 0.1%. Australia’s ASX 200 index last reported 6166 points, up 21 points or 0.4%. Taiwan’s weighted index last reported 11680 points, up 43 points or 0.4%, South Korea's KOSPI index recently reported 2191 points, up 2 points or 0.1%.

[09:29] The Shanghai and Shenzhen markets have a few early trends

The stock market in the mainland has been trending separately in the early period. The latest Shanghai Stock Exchange reported 2951 points, opening 4 points or 0.2% lower, Shencheng's latest report 11296 points, opening 11 points or 0.1% higher, and the Shanghai and Shenzhen 300 latest reports 4046 points, opening lower than 1 point or 0.02%, the latest report on the ChiNext is 2186 points, open 4 points or 0.2% higher.

[09:28] Cathay Pacific 19%

Hong Kong stocks opened 121 points or 0.49% higher this morning at 25,179 points; the H-Share Index opened 66 points or 0.66% higher at 10,187 points.

Tencent (0700) rose 0.73% to 437 yuan; HSBC (0005) fell 0.86% to 40 yuan; AIA (1299) fell 0.27% to 74 yuan; China Mobile (0941) rose 0.89% to 56.4 yuan; Alibaba (9988) rose 0.84% ​​to 214.2 yuan; Meituan Dianping (3690) rose 1.32% to 153.5 yuan.

Cathay Pacific (0293), Swire A (0019) and Air China (0753) suspended trading yesterday and announced Cathay Pacific’s 39 billion yuan capital restructuring plan, in which the Hong Kong government injected 27.3 billion yuan. Resumption of trading this morning, Cathay Pacific 18.7%, reported 10.46 yuan; Swire rose 2.56%, reported 48 yuan; Air China rose 1.4%, reported 5.48 yuan.

Hong Kong stock market trend